Senior Finance Executive

7 days ago


Doha, Baladīyat ad Dawḩah, Qatar Al Abdulghani Motors Co. Full time

About the Role

We are seeking a highly skilled and experienced Senior Finance Executive to join our team at Al Abdulghani Motors Co. as a key member of our finance department.

Key Responsibilities

  1. Prepare daily cash flows indicating bank-wise balances, Shariah Compliant Deposits, expected profit rates, and period, contingencies, PDC financial exposure, and JPY rates.
  2. Prepare assigned bank reconciliations and POS reconciliations on a daily basis for uploading bank statements and clearing in SAP.
  3. Prepare banking letters to process transactions, including vendor payments, customer refunds, bank transfers, Shariah Compliant Deposits, Activate/Unblock Credit Cards, and other financial transactions.
  4. Arrange Letters of Credit and LC amendments required by different business units, ensuring LC clauses align with AAM's treasury policies.
  5. Check for document arrival notifications for LC discrepancies and cash against documents, arrange approval from respective business units, and process the same.
  6. Arrange Letters of Guarantees within SLAs as requested by different business units.
  7. Resolve discrepancies arising out of cashiering activities, coordinate with IT to find solutions to resolve issues.
  8. Verify commission rates for each card type for both QNB and Doha Bank.
  9. Post PDC and Credit Card reclass based on data provided by the payables team.
  10. Prepare Month End reconciliation files to ensure no long outstanding pending transactions in the reconciliation.
  11. Regularly test basic controls in SAP relating to cashiering systems.
  12. Communicate with banks for queries, issues, payment account confirmations, SWIFTs, and remittance details.
  13. Communicate with business units for banking needs, sharing exchange rates, payment status, or other financial metrics.
  14. Verify cheques in RDC, clear cheques, and notify sales teams in SAP on alternate Saturdays.

Requirements

  1. Good communication skills.
  2. Experience in treasury and trade finance.
  3. Team player.
  4. SAP knowledge.
  5. Cash Management.
  6. Financial Accounting and Reporting.


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